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UNG vs. FCG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UNG and FCG is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

UNG vs. FCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Natural Gas Fund LP (UNG) and First Trust Natural Gas ETF (FCG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-90.00%-80.00%-70.00%-60.00%AugustSeptemberOctoberNovemberDecember2025
-99.73%
-63.01%
UNG
FCG

Key characteristics

Sharpe Ratio

UNG:

-0.35

FCG:

0.98

Sortino Ratio

UNG:

-0.14

FCG:

1.40

Omega Ratio

UNG:

0.99

FCG:

1.18

Calmar Ratio

UNG:

-0.21

FCG:

0.26

Martin Ratio

UNG:

-0.69

FCG:

2.51

Ulcer Index

UNG:

30.73%

FCG:

8.55%

Daily Std Dev

UNG:

60.58%

FCG:

21.92%

Max Drawdown

UNG:

-99.85%

FCG:

-97.20%

Current Drawdown

UNG:

-99.77%

FCG:

-77.40%

Returns By Period

The year-to-date returns for both investments are quite close, with UNG having a 9.10% return and FCG slightly higher at 9.46%. Over the past 10 years, UNG has underperformed FCG with an annualized return of -22.55%, while FCG has yielded a comparatively higher -3.71% annualized return.


UNG

YTD

9.10%

1M

26.13%

6M

28.25%

1Y

-17.54%

5Y*

-21.71%

10Y*

-22.55%

FCG

YTD

9.46%

1M

17.32%

6M

1.63%

1Y

21.68%

5Y*

22.76%

10Y*

-3.71%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


UNG vs. FCG - Expense Ratio Comparison

UNG has a 1.28% expense ratio, which is higher than FCG's 0.60% expense ratio.


UNG
United States Natural Gas Fund LP
Expense ratio chart for UNG: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
Expense ratio chart for FCG: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

UNG vs. FCG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UNG
The Risk-Adjusted Performance Rank of UNG is 44
Overall Rank
The Sharpe Ratio Rank of UNG is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of UNG is 55
Sortino Ratio Rank
The Omega Ratio Rank of UNG is 55
Omega Ratio Rank
The Calmar Ratio Rank of UNG is 33
Calmar Ratio Rank
The Martin Ratio Rank of UNG is 44
Martin Ratio Rank

FCG
The Risk-Adjusted Performance Rank of FCG is 3030
Overall Rank
The Sharpe Ratio Rank of FCG is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of FCG is 3535
Sortino Ratio Rank
The Omega Ratio Rank of FCG is 3535
Omega Ratio Rank
The Calmar Ratio Rank of FCG is 1616
Calmar Ratio Rank
The Martin Ratio Rank of FCG is 2727
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UNG vs. FCG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Natural Gas Fund LP (UNG) and First Trust Natural Gas ETF (FCG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for UNG, currently valued at -0.35, compared to the broader market0.002.004.00-0.350.98
The chart of Sortino ratio for UNG, currently valued at -0.14, compared to the broader market0.005.0010.00-0.141.40
The chart of Omega ratio for UNG, currently valued at 0.99, compared to the broader market1.002.003.000.991.18
The chart of Calmar ratio for UNG, currently valued at -0.21, compared to the broader market0.005.0010.0015.0020.00-0.210.26
The chart of Martin ratio for UNG, currently valued at -0.69, compared to the broader market0.0020.0040.0060.0080.00100.00-0.692.51
UNG
FCG

The current UNG Sharpe Ratio is -0.35, which is lower than the FCG Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of UNG and FCG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AugustSeptemberOctoberNovemberDecember2025
-0.35
0.98
UNG
FCG

Dividends

UNG vs. FCG - Dividend Comparison

UNG has not paid dividends to shareholders, while FCG's dividend yield for the trailing twelve months is around 2.52%.


TTM20242023202220212020201920182017201620152014
UNG
United States Natural Gas Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FCG
First Trust Natural Gas ETF
2.52%2.76%3.25%3.04%1.73%3.83%2.88%1.46%1.56%1.69%4.82%1.34%

Drawdowns

UNG vs. FCG - Drawdown Comparison

The maximum UNG drawdown since its inception was -99.85%, roughly equal to the maximum FCG drawdown of -97.20%. Use the drawdown chart below to compare losses from any high point for UNG and FCG. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%AugustSeptemberOctoberNovemberDecember2025
-99.77%
-77.40%
UNG
FCG

Volatility

UNG vs. FCG - Volatility Comparison

United States Natural Gas Fund LP (UNG) has a higher volatility of 27.40% compared to First Trust Natural Gas ETF (FCG) at 5.60%. This indicates that UNG's price experiences larger fluctuations and is considered to be riskier than FCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%AugustSeptemberOctoberNovemberDecember2025
27.40%
5.60%
UNG
FCG
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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